The Stability and Convergence Programmes

Jonas Fischer and Gabriele Giudice

Chapter 7 in The Stability and Growth Pact, 2001, pp 158-182 from Palgrave Macmillan

Abstract: Abstract The core elements of the early-warning mechanism envisaged in the Stability and Growth Pact (SGP) are the national Stability and Convergence Programmes. In these programmes member states, according to the Pact, set out their medium-term budgetary plans in order to reach budgetary positions that should be ‘close to balance or in surplus’.1

Keywords: Member State; Euro Area; Budget Balance; Cyclical Component; Excessive Deficit (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1057/9780230629264_7

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